Life Insurance Corporation of India (LIC) has launched its new product ‘LIC’s Single Premium Group Micro Term Insurance Plan’ which will be available for sale from October 7, 2024. It is Non-Par, Non-Linked, Group, Pure Risk, Life Micro Insurance plan. The new product will cater to domestic market.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.